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Brick Office Building with Acreage
For Sale
$575,000

3741 Tittabawassee Road, Saginaw, MI 48604

COM/IND/BUS OPP, Saginaw, MI

Property Size1,776 SF
Lot Size2.94 Acres
Price / SF$323.76
Days on Market418

Property Features for 3741 Tittabawassee Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, Residential
Rooms Basement
Patio and Porch features Patio
Exterior features Deck/Patio
Subdivision Saginaw Twp (73020)
Standard status Active
APN 23-12-4-03-2034-000
Size 1,776 SF
Lot size 2.94 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5109

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

handicap ramp

Building Details

Year built 1954
Listing Agency: Century 21 Signature Realty · Century 21 Real Estate
Listed By: Connie Reppuhn · License #6501253246
Added: Aug 26, 2025 Changed: Oct 8 Last Checked: Oct 17 at 6:06PM
MLS# 50186491

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,776-square-foot office building occupies 2.94 acres and was constructed in 1954. The all-brick property includes several office areas, bathrooms, a limited kitchen, a basement, and an additional office section that can accommodate a separate business. A front-entry handicap ramp, patio, forced-air heat, central air conditioning, and public water are also in place.

The property is located at 3741 Tittabawassee Road in Saginaw, near established businesses and the Gerber facility under construction. The building has operated as a State Farm agency for more than 30 years, with that business scheduled to relocate by the end of September 2025.

Key Highlights

  • 2.94‑acre office property at 3741 Tittabawassee Road, Saginaw, MI 48604
  • 1,776 SF all‑brick office building constructed in 1954
  • Multiple office areas, bathrooms, limited kitchen, basement, and separate office section

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,383
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,660 $347.7K
Cap Rate 7%
$248,329 $248.3K
Cap Rate 9%
$193,144 $193.1K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$26.6K $15.00/SF
− Vacancy
−$3.5K −$1.95/SF
EGI
$23.2K $13.05/SF
− OpEx
−$5.8K −$3.26/SF
NOI
$17.4K $9.79/SF
Area
Saginaw County, MI
Vacancy
13.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,660
Cap Rate 7%
$248,329
Cap Rate 9%
$193,144

Alternative Uses

Best Use
Office B
$248.3K
$217.3K – $289.7K (±1% cap)
NOI $17,383 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$328.1K
$287.1K – $382.8K (±1% cap)
NOI $22,969 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Ryan Coe - State ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Cafe & Coffee Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 48604, MI

12,386
Population
4,603
Households
2.7
Avg Household Size
29
Median Age
24%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
471
Density / Sq Mi
$53,804
Median Household Income
$18,887
Median Earnings
$928
Median Rent
$93,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Brick construction, multiple workrooms, basement storage, patio, and a front-entry ramp support varied office use.
Where is this office building located?
The property is located at 3741 Tittabawassee Road Saginaw, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2.94‑acre office property at 3741 Tittabawassee Road, Saginaw, MI 48604; 1,776 SF all‑brick office building constructed in 1954; Multiple office areas, bathrooms, limited kitchen, basement, and separate office section
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